76209
Dallas, Texas
Dallas 76209 needs watching.
The 76209 ZIP code in Dallas, Texas has a median sale price of $280K, down -11.1% year-over-year. Homes spend an average of 80 days on market, with 8% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 76209.
The 76209 ZIP code is experiencing a significant market correction, with the median sale price settling at $280,000 after an 11.1% year-over-year decline. Homes are averaging 80 days on market, indicating subdued buyer urgency compared to the rapid turnover seen in stronger markets. Only 8% of properties are selling above list price, confirming that sellers have lost pricing power and negotiations now favor buyers who can leverage the extended marketing periods.
This environment benefits patient, price-conscious buyers with flexible timelines who can exploit the 11.1% price reduction and negotiate during the 80-day average marketing window. Cash investors seeking rental properties may find value in the $280,000 price point, particularly if they can push below list price as 92% of transactions demonstrate. Current homeowners should delay listing unless necessary, as the 8% above-list metric shows minimal competition for desirable properties that could command premiums.
The PropIQ score of 55 signals continued caution, suggesting stabilization remains months away rather than weeks. The combination of negative price momentum and extended days on market indicates inventory absorption issues that typically precede either further price declines or prolonged stagnation. Buyers should monitor whether days on market begin trending below 70 and above-list sales exceed 15% before assuming the correction has bottomed.
What is the median home price in 76209 Dallas?
The median sale price in 76209 is $280K, down -11.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Dallas 76209?
Homes in 76209 Dallas spend an average of 80 days on market before going under contract.
Is Dallas 76209 a good place to invest in real estate?
Folio's PropIQ™ score for 76209 is 55/100 — a Caution signal. 8% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 76209?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 55 = Caution in 76209 Dallas, Texas.